Idaho State Journal from Pocatello, Idaho • Page 9

POCATELLO. IDAHO, TUESDAY, APRIL 12, 1977 IDAHO A JOURNAL I A PAGE 9 YOUR MONEY'S WORTH Your Pension Updated: Working to Qualify By SYLVIA PORTER Selected New York Stock Exchange Prices By THE ASSOCIATED PRESS irnds nBdc Cyan nMot nStnd atFds ndix IjstM ijnswk Close Chg 25V 8 28Va 1,2 49Va VB 32 44 27 VB 5 8 29 1V4 46V8 24V2 20 tTr lmpln 42V 8 Va 63VB 1 VB 4 62 7 lV8 15 VB nFds itAir iGrp nOil nDat ICwZI urtW Tbeere f'DelMon i Disney tfDressr s't flu Pont EastAir BasKd Baton 'El Paso "J'Esmark EvansP FairC 26 V4 23Va V4 61 V2 4 Va 29Va-- VB 22V4 23Vj 6 21 40V2 18V2-- V2 V4 37 68V8-- Ve V4 15 Va 33'A VB Firestn FMC FdFair FordM ForMcK FreepM Fruehf Ganet GenDyn GenEI GnFood GenMI GnMot GPubU GTelEI GTire GaPac Gilete Goodrh Goodyr Grace GrGiant Greyhd GulfO HewltP HollyS Homestk Honywll IdahoP Ideal IBM intHar Inco IntPap IntTT KaisAI Kencot Rrafco Kresge Litton Lockhd LonStl Macy MaraO MartMa McDnld McDnD Merck MMM Mobil Monsan MonDU MonPw MtFuel MtStTel NatDis NatGyp Natlnd NatStl NCR NiaMP NwtAir NwtBnc OcciPt OlinCp Omark Owenlll PacGas PacPw PacTT PanAm VB VB VB 16 VB Va 29 Ve 34 Ve VB 31V2 69V 19 29V; Va 26V4 31 VB 19 40Va-- 48 26 7 20V2 Va 47 Ve Ve 14 32V2 53 42 VB 50 Va 1V2 24V2 VB 25 VB VB 41 Va-- VB V2 Ve 25 3 V4 22 Va 4 PanEP PenDix Penney Pepsi Pfizer PhelpD PhilMor PhilPt Polroid ProcGm PSv Col PugSd RCA RepStl Reylnd ReyMet Rockql RoylD Safewy StJoMin StReg SCM ScottP Sears ShellO SoCalE SouthC SouPac SouRy SperryR SldBnd StdOCal StdOInd StdOOh StaufC SterDg Tektrnx Teledyn Tennco Texaco Texglf Texlns Textrn Thiokl Timkn TWA Transam TRW TwenCt UAL UMC UnCarb UnElec UnOCal UPac Uniryl Uniryl UnitBds USGyp USlnd USStl Varian Warnr WnAir WnBnc WUnion West El Weyhr Wolwth Xerox Zenith Vs 73 55V4- 33 Vs Ve 64 Vs 40 V4 V2 Va 17Va-- Va 59 IVa 23 VB 35 VB VB 83 44 --1 15V. 54 32 VB Ve VB 52V4 V2 V4 Vi 14VB- V4 VB 15 VB 53 Va VB 8V 8 24V2 V'8 46 26 VB 8V4 Va V4 39Va-- 47V4 1 New York Stocks NEW YORK (AP) The stock market ran up a sharp and broad-based gain today, spurred by encouragement over first quarter reports from several major companies. The 2 p.m. Dow Jones average of 30 industrials was up 13.57 at 937.57, after a net advance of 9.37 in the two previous sessions.

Gainers outnumbered losers by nearly a 4-1 margin among New York Stock Exchange-listed issues. Analysts said traders who had been expecting a poor first quarter showing from many companies because of bad weather early in the year got a psychological lift from quarterly reports Monday and today by Du Pont, General Electric and International Paper. GE announced a 25 per cent earnings gain for the quarter. Du Pont and International Paper estimated profit declines, but both said business had picked up appreciably in the latter part of the quarter. GE shares climbed to 51 in active trading; International Paper was up at and Du Pont, ahead on Monday, rose another point to All three issues are included in the Dow.

The NYSE's composite index climbed .65 to 54.38, and the American Stock Exchange market value index was up .82 at 111.26. Mutual Funds NEW YORK (AP)-Thefol- lowing quotations, supplied by the National Association of (Second of five columns) A vitally significant contribution to the 1974 pension reform law--only now being really implemented--is that you no longer must work a lifetime to earn the right to a pension. But by no means does the law guarantee you a pension overnight. On the contrary, first you must be covered by a plan; then if you are covered, you gain the right to pension benefits only after a substantial amount of time on the job. The requirements vary and some plans are better, but most plans that promise workers a specific benefit require that they put in 10 years with an employer contributing to the plan before they qualify for a pension.

Accumulating a decade of service with a single employer isn't easy today in view of the high mobility of the U.S. labor force. Labor Department figures show that in 1973 only one out of four workers kept the same job con- linously for 10 years or more. To grasp what the pension law may or may not mean for your pension prospects, assume you will stay with one employer for 10 years. To be protected by the Employee Retirement Income Security Act (ERISA), you must be working after your plan was revised and the provisions went into effect.

Even then, in order for your working years to count toward the Crucial 10, plans may require lhat they be years: TO REPORT --In which you worked the equivalent of at least six months out of each year whether on a full or part-time basis. -Occurring after you reached 22. -At least three of which must have elapsed after 1970. Furthermore, you may be excluded from a plan if you begin to work within five years of your plan's "normal retirement age." Plans generally require workers to meet such service and minimum age requirements to become eligible for a pension, because they help keep administrative costs low by eliminating short-term employes and the youngest workers who're most likely to change jobs. What happens to your pension credits if you take time off from your job and then return? Different rules apply depending upon when your break occurs.

If you left your job before your plan was changed to comply with EUISA requirements and you did not have a right to a pension when left, the years you worked before your break in service may not count toward the Crucial 10. This is because the law permits plans to keep their old pre-EKlSA break-in- service rules for years before the plan was amended. Say, for instance, you left your job in 1970 because of eye trouble. You had worked 30 years before you left and before your firm's plan was Your leave could in effect erase those 30 years and you would have to work id more years beginning with your return to becme eligible for a pension. If you are working now and leave your job, you are less likely to forfeit your pension.

Under the new law, if you haven't already attained your Crucial 10 years, you won't lose your pension credits, if the number of years you're away is less or equal to the number of years you had worked before your break in service. You're not considered to have a service break if you put in at least three months a year. As just one illustration, a young friend worked fulltime for a firm for four years, then had a baby and cut back her working schedule so her time on the job totaled three months a year. After three years, she told Brooke Shearer, my Washington research associate, she resumed working full-time. She was able to retain credit for the four years she had accumulated before she left to rear her child, although she did not receive credit for her years of part-time work.

Do you know how long you must work for an employer to qualify for a pension? Do you know whether a layoff or leave has wiped out your chances for a pension? Find out. Fora free pension fact checklist, send a self- addressed stamped envelope to the Pension Rights Center, 1346 Connecticut Ave. N.W., Hoom 1019, Washington D.C. 20036. Tommorrow: Size of your pension.

Idaho, BSU Journalism Seriously Underfinanced BOISE, Idaho (AP) Journalism programs at University of Idaho and Boise State University are seriously under- financed, says a report to be given this week to the State Board of Education. The report says there is no Securities Dealers, are the ser jous duplication of prn- pricesjrt which Uiese securities altnough al i four sta operated schools have some sort of communication program. "Each program has a slightly different twist and is making a contribution to its college or university, its students and the public constituency," said the 7.61 SUPPLED BY PIPER, JAFFRAY HOPWOOD, MC. Reported to the Journal at 12 Noon Doily NYST Comp Sci Strauss Albtsns Con Frt Lev Fur Apache Fairc McDnld ASA Ltd FMC 25Vs MdDon Dg I 7 Heub 26V2 Monsto Hol.lnn Morr-Knue Bo)se I da'Power NW Power 'BucyE 25V2 Imp Cp Ral J334lntlMin Sears AM STOCK EXCHANGE Brascan Grand Cen Oil VfmpOil 21 lint Res kaiser 17 ffembo's Terra Chem OVER THE COUNTER 27 Skaggs Sunsne Trans Am Transway 20th Cen Un Pac Utah PL Warn Com Zales 1BV2 riicro Sec GGarrett IGen Drug ifldaFN JJBBBoy IlCOA IPay-n-Sve ISource Cap IMAY A IPOtATOES fOPEN HIGH LOW 34-36 28-30 4 7 Potatoes CHICAGO (AP) (USDA) Major potato markets FOB shipping points U.S. 1A Monday in 100 Ib sacks: Washington russets few 5.00-5.75; Idaho russets few 6.50-7.00; Wisconsin round whites 4.75-5.25; Colorado russets 5.75; Colorado red McClures 5.50; Minnesota North Dakota Red River Valley round reds 4.25-4.50.

Livestock 24V2-25 14-14V2 MAINE 1091 CLOSE 10.91 10.60 10.87 A A (APMUSDA)- Livestock quotations Tuesday: Hogs: 4200; barrows and gilts fairly higher; j. 2 Boa rd of Trade 37.50-37.75; 1-3 200-240 oouiu ui 37.00-37.50; sows 25-75 higher; 300-600 Ib 33.50-35.25; Cattle and calves: steers and heifers fairly active, steady to weak; cows moderately active, firm, instances 2550 higher; a load choice with end prime 1,150 Ib steers 39.25; a load choice and prime 1,325 39.00; choice Ib mainly 38.00-38.75, occasionally 39.00; three loads choice and prime Ib heifers 38.00; 2.59% 2.54% 2.57% choice Ib 36.25-37.75; 265V4 2.63% utility and commercial cows 2 69 2.67 27.00 29.00, a few 29.25; canner 2 73 2.67% 2.72 and cutter 23.50-27:00. 275 2.79% Sheep: 100; a few slaughter 2 84 2.79 2.82% lambs fully steady in limited OATS (5 000 bu) trade teSt; Cll0iCe and me A 5 0 0 0 i 1 1 choice old crop wooled lambs I'M 1 "0-115 Ib 49.50-50.00 IS Estimated receipU Wednes- Mar 1.65% 1.64% 1.65% SOYBEANS (5,000 bu) CHICAGO (AP) Futures trading on the Chicago Board ofTrade Tuesday: igh Low Close WHEAT (5,000 bu) May 2.72 2.69 2.7H4 Jul 2.80 2.77 2.79% Sep 2.87Vi 2.84% 2.87% Dec 2.97% 2.9414 2.974 Mar 3.06% 3.03% 3.06% May 3.12V4 3.09% 3.12 CORN (5,080 bu) May Jul Sep Dec Mar May i May May Jul Aug Sep Nov Jan Mar May Jul 10.23% 9.94 10.24 9.94 10.06% 9.77 8.38 8.11 7.58 7.60 7.65 7.67 7.68 7.34 7.38 7.43 7.45 7.52 Cattle and calves: hogs 4.000; sheep 200. 10.24 10.06% 8.31 7.42 7.50 7.53 7.56% Potatoes 7.58 Metals NEW YORK (AP) Spot nonferrous metal prices Tuesday: Copper cents a pound, U.S destinations; lead 31 cents a pound; zinc 37 cents a pound, Ked; gold $149.70 per troy ounce, New York; silver $4.755 per troy ounce, New York; Suicksllver $168.00 nominal per flask, New York. Livestock IDAHO FALLS, Idaho (ftP) FMNS f.o.b.

shipping point. Potatoes: Demand good, market slightly higher. Rus- settsU.S.No. 1 2 i 4 i 10 Ib mesh sacks 100 per cwt nonske A 6.60-6.75,50 Ib cartons cwt basis 80-100 count 9.50-10.00; 100 Ib sacks size A few sales 6.50-7.00, nonsize A few sales 10 OZ min 8.50-8.75, U.S. No.

2 6 oz min 3.75-4.00. Western Idaho Apple f.o.b.: Demand moderate, market steady. C.A. storage U.S. extra could have been sold Net asset value or bought value plus sales charge Monday.

Sell. American Funds: 1CA 13.9114.87 Was 6.96 Anchor Group: FA Inv 6.627.14 Axe Houghton: Fnd 7.778.45 Stock 5.83 6.37 Calvin Bullock: Bullck 12.7013.88 Chemicl 7.07 7.73 Dreyfus Grp: Levge unavail EastonHoward: Balan8.238.87 Grwth 8.31 8.96 Stock 8.87 9.56 Fidelity Group: Fidel 15.7517.21 Purlin 10.85 11.86 Financial Prog: Indust4.3NL Founders Group: Mutal 12.1613.29 Hamilton: HDA4.14 4.53 Investors Group: Mull 8.989.76 Stock 18.43 20.03 Select 9.51 10.22 VarPy 6 2 1 6.75 Keystone Funds: Cus S3 7.458.14 CusS4 3.53 3.86 Lincoln Nail: Sel Am 6.94NL Lord Abbett: Affiltd 8.108.73 Mass Financl: MIT 10.3411.15 MIG 8.22 8.86 Mutual of Omaha: Grwth 3.944.28 Incom 9.23 10.03 Nat secur Ser: Stock 8.178.81 Pioneer Fund: Fund 13.7915.07 Price Funds: Grwth9.79NL Pru SIP 9.28 10.14 Putnam Funds: Georg 13.4514.70 Grwth 10.19 11.14 Incom 7.92 8.66 TwnC Inc 5.62 NL United Funds: Accm6.196.77 Bond 7.348.02 Incom 10.00 10.93 Scien 5.36 5.86 Value Line Fd: Val Li 6.816.98 Vanguard Group: Welltn9.68NL NL No load sales charge Grain OGDEN (AP)-Utah-Idalio grain exchange: Wheat delivered, truck bids: No. 1 red under 11 protein 2.46, No. 1 red 11 protein 2.48, No. 1 red 12 protein 2.56, No.

1 red 13 protein 2.68, No. 1 white wheat 2.51, No. 2 white barley 46 or 4.65. Wheat per bushel, barley per cwt. Ogden car arrivals: wheat 56, barley 15.

Cash Grain CHICAGO (AP) Wheat No report by Dr. Clifford'Trump, director of curriculum for the office of higher education. The board meets Thursday and Friday in Pocatello. Two consultants who studied the communications programs are William F. Johnston, associate professor at the University of Washington, and Dr.

Bruce Linton, chairman of the radio-telvision film department at the University of Kansas. They recommend the University of Idaho, Boise State and Idaho State work together to accomplish joint research and publication efforts. "No school in the state is well financed enough to make major contributions to Idaho com- munications alone," the report It also recommends the schools work with the media "to refine and expand mutal objectives." It says Boise State and University of Idaho are "under- financed to a serious to critical degree in terms of faculty and equipment. If the state can't provide the funding, then internal reallocation of resources should be implemented." Trump said the radio-television program at Idaho State should be re evaluated and then eliminated if cooperation between the television station and the academic department is not improved, if funding is not increased for additional equipment and if the percentage of graduates entering the field for which they are trained does not improve. The University of Idaho should continue to explore and develop a proposal for a joint master's degree with Washington State University in communications, it said.

"However, the program should not be activated, until the faculty is augmented." A common problem with journalism programs at Idaho schools "is the lack of contact and rapport with mass media, primarily newspapers," the report said. "This is a common plight of communications Idaho, media people apparently have not been aslted aggressively or repeatedly to help journalism educators serve the media constituency well. "Long-lived regional rivalries have soured school-media-public relationships considerably. There is no magic wand with which to wave away historic regional rivalries, but Idaho's communications educators may need to spend more time looking ahead and less time looking over their shoulders," the report said. State Ed Board Will Probe Plan For ISU Nursing DIVORCES GRANTED npMVtfn i AP) -Tuesday's quotations, hogs 100; barrows DENVER AP) wo 3 lb 33 33 50; sows mostly lb 29.00-34.50.

fancy trade pack cartons red 2 hard red winter 2.58V!in Tues delicious 80-88s 10.00; 100s 8.50- day; No 2 soft red winter 875- 125s 8.00-8.25. 2.58'/4n. Corn No 2 yellow 2 (hopper) 2.44%n (box). Oats No 2 heavy 1.77V 4 n. Soybeans No 1 yellow 9.92n.

No 2 yellow corn Monday was quoted at 2.54%n (hopper) 2.43%n (box). Divorces granted by the Sixth District Court: Debra Aarness from Robert Gregory Aarness; James Baker Jr. from Ruth Baker; F. Vern Briscoe from Edna V. Briscoe; Francine Betty from Lawrence Betty, she is restored to her former name of DeVisser; Linda Susan Brinkerhoff from Neil Jack Brinkerhoff; Maria Bellegante from Ernest Lee Bellegante; Charlene Wells Cherry from Randy Lin Cherry; and Jamie B.

Caldwell from Arthur J. Caldwell. James Leon Chandler from Maria Kaye Chandler; Paul R. Cleaver from Vickie L. Cleaver, she is restored to her former name of Bock; Steven Douglas Christopherson from Yong Cha she is restored to her former name of Pak; Shirley J.

Cowgill from John R. Cowgill, she is restored to her former name of Larsen; and Michael W. Chandler from Julia C. Chandler, she is restored to her former name of Cadenhead. Mavis Ardeena Davenport from Michael Arthur Davenp she is restored to her former name of Eversole; Celeste Edge from Kip Edge; Sharon Ann Edwards from Monte S.

Edwards; Gary Easter from Kathryn E. Easter; Pamela J. Felger from Donald W. Felger; and Martha Jane Fogorson from Steven C. Fogcrson.

Vernon L. Grigg from Roseanna Marie Grigg; Patricia Halstead from Philip G. Halstead; Joyce M. Hoeing from Anthony V. Hoeing; Helen Marie Ikenberry from John William Ikenberry; Patricia Ann Jackson from Stephen Frederick Jackson; Sharon K.

Johnson from Stephen L. Johnson; and Betty Sue Keller from Russell Max Keller, she is restored to her former name of Hensley. Catherine Mee from Russell D. Mee; Rebecca L. Murphy from Clifford G.

Murphy; Deborah Nelson from Glenn J. Nelson she is restored to her former name of Hall; Carroll Kimbrell Nickerson from Carolyn Marie Nickerson; Mary Kathleen Pfeiffer from Steven D. Pfeiffer, she is restored to her former name of Johnson; Marlene Kaye Pehrson from William E. Pehrson; Gwen W. Robinson from Archie Wayne Robinson; and John J.

Rivera from Carma Rivera, she is restored to her former name of Neeser. Debra Resendez from Paul Rescndez; Linda R. Simpson from Drew R. Simpson, she is restored to her former name of Brooks; James E. Smith from Rose Ann Smith; Timothy Bernard Slocum from Judith Susan Slocum; Sandra L.

Sturges from Gerald H. Slurgcs; Bernard Jack from Norma Joyce Stoltz. BELL RINGERS--Melodious bells were played by fifth grade students at Tendoy Elementary School last week at a special program for parents. The English Bells are tuned to musical scale notes. As the children ring them in succession, they are able to produce accompaniment for thier songs.

Demonstrating the bells are (from left to right) Steve Freudenberger, Karen Stohr and Jim Rapp. BOISE, Idaho (AP) A plan to upgrade statewide nursing education programs will be submitted to the State Board of Education at its Thursday meeting in Pocatello. Prepared by Dr. Clifford Trump, director of curriculum development for the office of higher education, the plan envisions a graduate program in nursing at Idaho State University, accreditation for a bachelor-degree program at Boise State and stepped up enrollment at College of Southern Idaho in Twin Falls. Trump said it has been proposed the degree-granting nursing programs be based at Boise State and Idaho State with courses eventually available-at several other locations.

Trump's report is one of a series by the board to determine if there are duplicating programs at the state schools. "Nursing education is an important and large component of higher education in Idaho. While duplication exists, it is warranted in light of the job opening and student demand for the program," Trump said. He said there are four to five times more applicants for admission to schools of nursing than can be accepted and almost all Idaho communities have unfilled nursing positions in health care facilities. His plan for nursing education calls for development of the bachelor program, at Boise State with plans to seek accreditation by 1978.

He said by the 1979-80 school year, Boise State could export its program to admit students at Lewis-Clark State College and College of Southern Idaho. It calls for admitting students at Coeur d'Alene, Pocatello and possibly Idaho Falls by 1981. Three nursing education con sultants have recommended funding for a master's program at Idaho State by this fall. But, says Trump, the timetable may not be practical since fiscal year funding for 1978 has been determined. "Only one concern remains.

That is adequate clinical facilities. A creative approach must be used to find sufficient clinical learning experience for the master's students," he said. Alternatives to his plan include: --Proceed with the plan to implement the Lewis-Clark State College Baccalaureate degree program next fall. --Lewis-Clark could be authorized to begin its degree- granting program next fall, but all four new faculty members be assigned to the Lewiston campus. --Lewis-Clark could delay implementation of its degree program one year, plans for a master's degree program at Idaho State could be shelved and the state investigate the possibility of contracting for graduate nursing education through the Western Interstate Commission for Higher Education's student exchange program.

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